Hub International Limited

Assistant Vice President, Business Development Manager, Commercial Insurance

Hub International Limited$100K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business or risk management
  • 5-10 years of sales, business development, or marketing experience
  • Working knowledge of commercial transportation, cargo, workers comp, and occupational accident coverage
  • Preferred Property & Casualty (P&C) License
  • Strong analytical skills for managing sales/marketing metrics

Responsibilities

  • Execute strategic visions and business development opportunities
  • Communicate effectively to ensure understanding of programs and services
  • Analyze and report on sales/marketing metrics regularly
  • Ensure execution of current policy standards to meet business expectations
  • Manage budgeted resources and expenses
  • Perform related duties as assigned

Benefits

  • Health, dental, vision, life, and disability insurance
  • Flexible Spending Account (FSA) and Health Savings Account (HSA)
  • 401(k) retirement plan
  • Paid time off including vacation, sick, and personal days
  • Eligible for bonuses, equity, and commissions for certain positions
Full Job Description
Specialty Programs Group - Transportation (SPGT) is seeking the position of Assistant Vice-President of Business Development. This position is looking for a self-motivated individual with a strong knowledge of insurance, wholesale and retail distribution, and marketing. Responsible for managing and executing each assigned specialty segment strategy for distribution excellence for your designated geography. At the same time continue to build each brand, leading to increased industry recognition, revenue, relevance, and respect amongst our target audience: agents, brokers, carriers, and employees. Support the operating, financial and strategic goals for all SPGT Divisions in collaboration with the respective leaders.

Key Areas of Responsibility:

  • Insurance Product Line Responsibility: Represent all SPGT Divisions, products and services to all sizes of 3rd party insurance distributors, in the assigned geography, to drive profitable growth.
  • New Relationships - Sales Strategy & Prospecting: Implement strategic business development initiatives aimed at driving growth within SPGT
  • Client Relationship Management: Build and maintain strong relationships with key agency decision-makers of various sizes and geographic locations focusing on large opportunities and controlled books of business. Serve as the primary point of contact for new distribution partners until the relationships have been passed successfully to the program specialist, team leaders or other SPG company representatives. Maximize new distribution opportunities through existing and newly appointed agencies within assigned geographic territories focusing on business target state strategies.
  • Collaboration: Work closely with the Business Leaders of our SPG companies to execute strategy to find new trading relationships focusing primarily on new target states.
  • Performance Tracking: Set and track sales goals, provide regular updates to senior management on business development progress, and implement corrective actions as needed.


ESSENTIAL DUTIES AND RESPONSIBILITIES
  • Drive New Agency Business Opportunities to our SPT Division through new agency relationship development
  • Travel to 3rd party distribution offices required 15 -20 times per month.
  • Accountable to participate in the SPGT monthly conference calls with Business Leaders


KPI:
  • Appoint 2 new producing SPGT - Last Mile Delivery Agencies that will generate a combined $200,000 in annual net Revenue.
  • Appoint 4 new producing SPGT - Moving & Storage Agencies that will generate a combined $200,000 in annual net Revenue.
  • Appoint 5 new producing SPGT - Trucking Agencies that will generate a combined $500,000 in annual net Revenue.
  • Work with business leaders to deliver profitable growth within their target state strategy defined in their business plan.


SALARY RANGE
  • $100,000 - $120,000


WORK EXPERIENCE REQUIREMENTS
  • Minimum of 10 years of industry experience
  • Solid knowledge of Microsoft Office Products
  • Detail-oriented
  • Superior communication, interpersonal, multi-tasking, and organizational skills required
  • Public Speaking and Presentation experience
  • A team player with a great attitude, self-motivation, and the ability to work in a fast-paced environment


EDUCATION REQUIREMENTS
  • College Diploma or University Degree


LICENSING OR CERTIFICATION REQUIREMENTS
  • Valid P&C License


Compensation:

Disclosure required under applicable law in California, Colorado, Illinois, Maryland, Minnesota, New York, New Jersey, and Washington states: The expected salary range for this position is $100,000-$120,000 and will be impacted by factors such as the successful candidate's skills, experience and working location, as well as the specific position's business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages: health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits such as vacation, sick, and personal days, and eligible bonuses, equity and commissions for some positions.

#SPG

#LI-remote

Department Sales

Required Experience: 5-7 years of relevant experience

Required Travel: Up to 50%

Required Education: Bachelor's degree (4-year degree)

About Hub International Limited

Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 13,000 employees in offices located throughout North America, Hub's vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.
Learn more about Hub International Limited
Size
13,000 employees
Industry
Founded
1998

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